State the steps of the decesion process

      

State the steps of the decesion process

  

Answers


Faith
Step 1: Identification of the objective(s)
Step 2: Search for alternative courses of action
Step 3: Collection of data on the alternatives
Step 4: Selection of the best alternative
Step 5: Implementation of the decision
Step 6: Comparison of outcome with the planned outcome.
Step 7: Correct any deviations from the planned performance.


Titany answered the question on October 8, 2021 at 09:21


Next: Role of the Management Accountant in the Management process
Previous: Explain four Environments where decisions can be made

View More Management Accounting Questions and Answers | Return to Questions Index


Exams With Marking Schemes

Related Questions